Entrepreneurship for Kids Worksheet: Needs and Wants
Business tip (Must have or nice to have?): Need = must have to live, stay healthy, safe or go to school (water, food, shoes, medicine, uniform, bus fare). Want = nice to have, but we can live without it (games, gadgets, extra shoes, sweets every day). Season changes what people need: umbrellas in the monsoon, warm drinks in winter.
NameDateTime takenScore ___ / 40
- 1.Which of these is a need? (a) designer sunglasses (b) bus fare to school (c) a third pair of shoes (d) a toy robot
- 2.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
- 3.🛒 Need or want: school shoes? (a) a want (b) a need
- 4.True or false: “medicine when ill” is a want. (a) True (b) False
- 5.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) a toy robot (d) a school uniform
- 6.True or false: “designer sunglasses” is a need. (a) False (b) True
- 7.🔍 Which is the odd one out? (a) a school uniform (b) sweets every day (c) a video game (d) a toy robot
- 8.Which of these is a want? (a) a roof over your head (b) a glitter pen set (c) soap (d) bus fare to school
- 9.Which of these is a need? (a) a toy robot (b) drinking water (c) a glitter pen set (d) sweets every day
- 10.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) school shoes (d) sweets every day
- 11.Which of these is a need? (a) a school uniform (b) a fancy phone cover (c) a toy robot (d) designer sunglasses
- 12.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 13.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) a roof over your head (d) bus fare to school
- 14.🛒 Need or want: a video game? (a) a need (b) a want
- 15.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 16.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
- 17.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
- 18.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) a roof over your head (d) medicine when ill
- 19.🛒 Need or want: rice and dal? (a) a want (b) a need
- 20.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 21.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 22.True or false: “designer sunglasses” is a want. (a) True (b) False
- 23.Which of these is a want? (a) a bigger TV (b) a warm blanket (c) bus fare to school (d) a school uniform
- 24.🛒 Need or want: a toy robot? (a) a need (b) a want
- 25.Which of these is a want? (a) school shoes (b) medicine when ill (c) notebooks for school (d) a third pair of shoes
- 26.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
- 27.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
- 28.True or false: “a third pair of shoes” is a want. (a) False (b) True
- 29.🔍 Which is the odd one out? (a) drinking water (b) a bigger TV (c) soap (d) medicine when ill
- 30.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
- 31.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) a roof over your head (d) a sticker album
- 32.True or false: “a roof over your head” is a need. (a) True (b) False
- 33.🛒 Need or want: a sticker album? (a) a need (b) a want
- 34.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
- 35.True or false: “school shoes” is a need. (a) True (b) False
- 36.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 37.True or false: “notebooks for school” is a need. (a) False (b) True
- 38.True or false: “a toy robot” is a want. (a) False (b) True
- 39.Which of these is a want? (a) designer sunglasses (b) school shoes (c) rice and dal (d) notebooks for school
- 40.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) drinking water (d) a third pair of shoes
Answer key
- bus fare to school
- we must have to live
- a need
- False
- a toy robot
- False
- a school uniform
- a glitter pen set
- drinking water
- school shoes
- a school uniform
- a want
- a party dress
- a want
- a need
- a need: food
- people always need them
- a video game
- a need
- a need
- a need
- True
- a bigger TV
- a want
- a third pair of shoes
- many people want it
- umbrellas and raincoats
- True
- a bigger TV
- the needs
- a sticker album
- True
- a want
- hot drinks
- True
- a want
- True
- True
- designer sunglasses
- a third pair of shoes
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